104,000 Shares in United Parcel Service, Inc. $UPS Acquired by Compass Rose Asset Management LP

Compass Rose Asset Management LP bought a new position in shares of United Parcel Service, Inc. (NYSE:UPS) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor bought 104,000 shares of the transportation company’s stock, valued at approximately $10,316,000. United Parcel Service accounts for about 0.8% of Compass Rose Asset Management LP’s holdings, making the stock its 14th largest position.

Other large investors have also recently added to or reduced their stakes in the company. Coston McIsaac & Partners increased its stake in United Parcel Service by 77.8% during the 4th quarter. Coston McIsaac & Partners now owns 272 shares of the transportation company’s stock worth $27,000 after buying an additional 119 shares during the period. Torren Management LLC purchased a new stake in United Parcel Service during the 4th quarter worth approximately $29,000. Physician Wealth Advisors Inc. increased its stake in United Parcel Service by 76.5% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 376 shares of the transportation company’s stock worth $31,000 after buying an additional 163 shares during the period. Winch Advisory Services LLC increased its stake in United Parcel Service by 37.3% during the 3rd quarter. Winch Advisory Services LLC now owns 456 shares of the transportation company’s stock worth $38,000 after buying an additional 124 shares during the period. Finally, Activest Wealth Management increased its stake in United Parcel Service by 144.3% during the 4th quarter. Activest Wealth Management now owns 408 shares of the transportation company’s stock worth $40,000 after buying an additional 241 shares during the period. 60.26% of the stock is owned by hedge funds and other institutional investors.

United Parcel Service Trading Up 1.3%

NYSE UPS opened at $110.10 on Friday. The company has a quick ratio of 1.21, a current ratio of 1.21 and a debt-to-equity ratio of 1.50. United Parcel Service, Inc. has a 52 week low of $82.00 and a 52 week high of $122.41. The stock has a market capitalization of $93.59 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 1.73 and a beta of 1.05. The firm has a 50 day moving average of $101.98 and a two-hundred day moving average of $103.53.

United Parcel Service (NYSE:UPS) last issued its earnings results on Tuesday, April 28th. The transportation company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. United Parcel Service had a net margin of 5.94% and a return on equity of 35.95%. The business had revenue of $21.20 billion during the quarter, compared to analysts’ expectations of $20.99 billion. During the same quarter in the prior year, the business posted $1.49 EPS. The company’s revenue for the quarter was down 1.4% on a year-over-year basis. As a group, research analysts expect that United Parcel Service, Inc. will post 7.1 EPS for the current fiscal year.

United Parcel Service Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Monday, May 18th were issued a $1.64 dividend. The ex-dividend date was Monday, May 18th. This represents a $6.56 annualized dividend and a dividend yield of 6.0%. United Parcel Service’s dividend payout ratio is presently 106.15%.

Analyst Ratings Changes

UPS has been the subject of several analyst reports. Susquehanna boosted their price target on shares of United Parcel Service from $116.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. Evercore lowered their price target on shares of United Parcel Service from $115.00 to $113.00 and set an “in-line” rating for the company in a report on Wednesday, April 22nd. Weiss Ratings cut shares of United Parcel Service from a “hold (c)” rating to a “sell (d+)” rating in a report on Friday, May 8th. UBS Group lowered their price target on shares of United Parcel Service from $125.00 to $123.00 and set a “buy” rating for the company in a report on Wednesday, April 29th. Finally, Citigroup boosted their price target on shares of United Parcel Service from $118.00 to $127.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eleven have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, United Parcel Service currently has an average rating of “Hold” and an average price target of $111.50.

About United Parcel Service

United Parcel Service (NYSE: UPS) is a global package delivery and supply chain management company that provides a broad range of transportation, logistics and e-commerce services. Its core business centers on small-package delivery and last-mile distribution for business and individual customers, supported by a network of ground transportation, air cargo operations (UPS Airlines) and sorting facilities. In addition to parcel delivery, UPS offers freight transportation, contract logistics, warehousing, customs brokerage and reverse-logistics solutions designed to support domestic and international commerce.

The company traces its roots to 1907 when it began as a small messenger service in the United States and later evolved into the United Parcel Service.